BETA

DENNY AND CANDY ELWELL FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
DENNY AND CANDY ELWELL FOUNDATION (EIN 42-1298057)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-10
IRS object ID
202231309349100738
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-10T09:18:58-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1400 LOCUST ST STE 640AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP503092354ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN421298057EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE DENNY AND CANDY ELWELL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDENNBusinessNameControlTxt
Phone5159641587PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 187AddressLine1Txt
CityANKENYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50021ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENNY ELWELLPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5159641587PhoneNum
Signature2022-05-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDENNYPersonFirstNm
Person LastELWELLPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES A BEALPreparerPersonNm
PTINP00046109PTIN
Phone5155586600PhoneNum
Preparation2022-04-28PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$3,551,806FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$355,727ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$49,218DividendsRevAndExpnssAmt
Dividends Net Invst Incm$49,218DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$110,147GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$110,147GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$63,428NetRentalIncomeOrLossAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$515,092TotalRevAndExpnssAmt
Total Net Invst Incm$159,365TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$1,395LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$1,395LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$8,024AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$8,024AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$34,313TaxesRevAndExpnssAmt
Taxes Net Invst Incm$23,915TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$12,587DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$12,587DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss$2,193OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$2,193OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$58,512TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$48,114TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$86,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$86,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$145,012TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$48,114TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$86,500TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$370,080ExcessRevenueOverExpensesAmt
Net Investment Income$111,251NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,670CashBOYAmt
Cash EOY$47,419CashEOYAmt
Cash EOYFMV$47,419CashEOYFMVAmt
Sav And Temp Cash Invst BOY$20,065SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$7,256SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$7,256SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$890,074CorporateStockBOYAmt
Corporate Stock EOY$1,245,801CorporateStockEOYAmt
Corporate Stock EOYFMV$2,746,282CorporateStockEOYFMVAmt
Invst Land Cost Or Other Basis$794,527InvstLandCostOrOtherBasisAmt
Invst Land Accum Depreciation$43,678InvstLandAccumDepreciationAmt
Land Bldg Investments BOY$763,436LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY$750,849LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV$750,849LandBldgInvestmentsEOYFMVAmt
Total Assets BOY$1,681,245TotalAssetsBOYAmt
Total Assets EOY$2,051,325TotalAssetsEOYAmt
Total Assets EOYFMV$3,551,806TotalAssetsEOYFMVAmt
Other Liabilities BOY$8,185OtherLiabilitiesBOYAmt
Other Liabilities EOY$8,185OtherLiabilitiesEOYAmt
Total Liabilities BOY$8,185TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,185TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$1,673,060RetainedEarningBOYAmt
Retained Earning EOY$2,043,140RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,673,060TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,043,140TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,681,245TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,051,325TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,673,060TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$370,080ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$2,043,140SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$2,043,140TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,546InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,546SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,546TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$13EsPenaltyAmt
Tax Due$1,559TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateIAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCINDY LUKEHARTIndividualWithBooksNm
Phone5159641587PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12401 TONES BLVD SUITE 17AddressLine1Txt
CityANKENYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50021ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
DENNIS L ELWELL
PO BOX 187ANKENYIA50021PRES & DIRECTOR0.25$0$0$0
CANDY ELWELL
PO BOX 187ANKENYIA50021DIRECTOR0.25$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$1,947,884AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$68,756AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$750,849FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,767,489TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,767,489AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$41,512CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,725,977NetVlNoncharitableAssetsAmt
Minimum Investment Return$136,299MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$136,299MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,546TaxBasedOnInvestmentIncomeAmt
Total Tax$1,546TotalTaxAmt
Distributable Before Adj$134,753DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$134,753DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$134,753DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$86,500ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$86,500QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$134,753DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr4$13,858ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$26,791ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$4,064ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$44,713TotalExcessDistributionCyovAmt
Qualifying Distributions$86,500QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$86,500AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$44,713ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$44,713ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$3,540UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerDENNIS L ELWELLContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ABUNDANT LIFE CHURCH
3700 E SHERIDAN AVEDES MOINESIA50317NONEPCGENERAL FUND$500
ALZHEIMERS ASSOCATION
225 NORTH MICHIGAN AVENUECHICAGOIL60601NONEPCGENERAL FUND$5,000
ANIMAL RESCUE LEAGUE OF IOWA INC
5452 NE 22ND STDES MOINESIA50313NONEPCGENERAL FUND$5,000
ANKENY COMMUNITY CHORUS
PO BOX 823ANKENYIA50021NONEPCGENERAL FUND$2,500
ANKENY FRIENDS OF THE ARTS
1520 SW ORDNANCE RDANKENYIA50023NONEPCGENERAL FUND$5,000
ANKENY SERVICE CENTER
1517 N ANKENY BLVD SUITE BANKENYIA50023NONEPCGENERAL FUND$7,500
BALLET THEATRE OF DES MOINES
712 E 2ND STDES MOINESIA50309NONEPCGENERAL FUND$2,500
BILLY GRAHAM EVANGELISTIC ASSOCIATION
1 BILLY GRAHAM PKWYCHARLOTTENC28201NONEPCGENERAL FUND$25,000
BLANK CHILDREN'S HOSPITAL
1200 PLEASANT STDES MOINESIA50309NONEPCGENERAL FUND$5,000
BOYS & GIRLS CLUB
1421 WALKER STREETDES MOINESIA50316NONEPCGENERAL FUND$5,000
DES MOINES PERFORMING ARTS
221 WALNUT STREETDES MOINESIA50309NONEPCGENERAL FUND$2,500
FOOD BANK OF IOWA
PO BOX 1517DES MOINESIA50305NONEPCGENERAL FUND$10,000
SHRINER'S HOSPITAL FOR CHILDREN
2900 N ROCKY POINT DRIVETAMPAFL33607NONEPCGENERAL FUND$1,000
THE FAMILY LEADER INC
3020 104TH STURBANDALEIA50322NONEPCGENERAL FUND$5,000
WORLD FOOD PRIZE FOUNDATION
11207 AURORA AVEURBANDALEIA50322NONEPCGENERAL FUND$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$86,500TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$49,218ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$63,428ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$112,646ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$112,646TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1DENNY ELWELLBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 187AddressLine1Txt
CityANKENYCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50021ZIPCd
FieldValueIRS element (for citing)
Total Contributions$355,727TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property37,500 SHARES PUBLICLY TRADED STOCKNoncashPropertyDesc
Fair Market Value$759,000FairMarketValueAmt
Received2021-12-22ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING & MANAGEMENT FEESCategoryTxt
Amt$8,024Amt
Net Investment Income$8,024NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (3 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
COMMERCIAL BUILDING - 301 E 1ST2018-06-29$461,037$29,455ADS40.000000000000$11,526$11,526
LAND - 301 E 1ST2018-06-29$291,063L$0$0
GREASE INTERCEPTOR2019-06-03$42,427$1,636ADS40.000000000000$1,061$1,061

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockANGLOGOLD STOCKStockNm
EOY Book Value$1,245,801EOYBookValueAmt
EOYFMV$2,746,282EOYFMVAmt

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLandGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
COMMERCIAL BUILDING - 301 E 1ST$461,037$40,981$420,056
LAND - 301 E 1ST$291,063$0$291,063
GREASE INTERCEPTOR$42,427$2,697$39,730

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGALCategoryTxt
Legal Fees$1,395LegalFeesAmt
Net Investment Income$1,395NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK CHARGES$117$117$0
REPAIRS & MAINTENANCE$1,408$1,408$0
INSURANCE$573$573$0
OFFICE SUPPLIES & POSTAGE$70$70$0
CONTRACT SERVICES$25$25$0

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescTENANT SECURITY DEPOSITSDesc
BOY Book Value$8,185BOYBookValueAmt
EOY Book Value$8,185EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX PAID$9,843$0$0
FEDERAL AND STATE INCOME TAX$555$0$0
PROPERTY TAXES$23,915$23,915$0

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